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Highway Frontage Grapevine Multi-Tenant Office For Sale

Listing was updated on: 12/30/2019
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Property Overview

Price/Rent PSF Inquire
Asset Type Office
Trade Type Sale & Lease
SQ. FT. Available 19,759
Spaces Show
Date Available 12/30/2019
Additional URL Link
Parking 113
Floors 1
Additional parameters Show
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Description

Location
The Property is located in Grapevine, Texas - Specifically, the Property is situated on the West side of William D Tate Avenue, nestled between Western Oaks Drive to the North and Holy Trinity Catholic School to the South.

William D Tate Ave is a highway service road to State Highway-121, providing the Property with excellent Highway Frontage, Visibility, and Direct Access to SH-121 and minutes from Dallas/Fort Worth International Airport.

Sale
SVN|Dunn Commercial is pleased to exclusively offer, to qualified Investors and Owner/Occupants, the opportunity to acquire a 100% fee simple interest in approximately 19,759 square feet of Multi-Tenant Class B Office/Medical space at 3600 William D Tate Avenue, located in Grapevine, Texas (Dallas-Fort Worth Mark, Westlake/Grapevine Submarket).

This Value-Add Opportunity boasts State Highway 121 Frontage in a centralized, affluent and desirable location within the Westlake/Grapevine Submarket.

At +/-67% Occupancy, this Three (3) unit Office/Medical building presents near-term upside in the lease-up of the existing +/-6,704 SF at a market rate and Operating Expense Reduction. Existing Tenants have lease terms through 2022 on desirable rates, with renewal probable

Priced to Sell - Well below Average Market Price/SF - Significant Upside to the right Investor or Owner/Occupant.

Lease
Highway Frontage Premier Grapevine Office Space Available

Location

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